But most of NZIER’s shadow board pick the OCR will sit between 3.5% and 4.5% a year from now.
More investment needed to lift productivity, according to Productivity Commission's latest report.
RBNZ’s external committee member addresses economists today.
The Westpac McDermott Miller Employment Confidence Index fell by 3.9 points to 105.6 in the June quarter.
The Westpac McDermott Miller Consumer Confidence Index rose 5.4 points in June, although is still well below average.
Economy falls into recession faster than expected, giving RBNZ time to ‘watch, worry, and wait’.
Stats NZ data reveals two successive quarterly declines in the economy.
The situation and outlook primary industries report describes a year of two halves.
It again recommends New Zealand looks at comprehensive capital gains and land taxes.
‘Imported narrative’ not support by evidence, according to Sense Partners report.